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Company No. NI014309 · Incorporated 23 May 1980

J.D. McGeown Limited

Registered name: J.D. MCGEOWN LIMITED

J.D. McGeown Limited made £19.9m revenue and £818k profit in the year to 31 Mar 2025.

J.D. McGeown Limited’s revenue grew 17% to £19.9m in the year to 31 Mar 2025, with £818k profit and 80 employees. The company is classified under “electrical installation” and is based in Belfast; we hold 4 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 43210Electrical installation
Status
Active
Location
Belfast, Northern Ireland
Age
46 yrs · since 1980
Type
Private Limited Company
Latest accounts · year to 31 Mar 2025

Key figures

IndependentBoring industryCash flow filed
Revenue
£19.9m
Growth ▲17.2%
Profit
£818k
Growth ▼47%
Profit margin
4.1%
Gross 18.8%
Employees
80
Change ▲2.6%
Profit / employee
£10.2k
Revenue/employee £249k
Profitable streak
4yrs
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Mar 202231 Mar 202331 Mar 202431 Mar 2025
DisclosureFull P&LFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£12.3m£14.5m£17m£19.9m
Cost of sales£9.4m£11.4m£13.5m£16.2m
Gross profit£2.9m£3.1m£3.5m£3.8m
Operating profit£1.5m£1.6m£1.9m£2m
Profit before tax£1.5m£1.6m£2.1m£1.4m
Profit after tax£1.2m£1.3m£1.5m£818k
Profit (best available)£1.2m£1.3m£1.5m£818k
Staff costs£2.5m£2.7m£3.2m£3.8m
Employees (average)63677880
Ratios
Profit margin10.2%9.1%9.1%4.1%
Gross margin23.7%21.6%20.7%18.8%
Revenue per employee£195k£217k£218k£249k
Profit per employee£19.8k£19.7k£19.8k£10.2k
Cash conversion−48.1%−50.6%−62.7%−111.7%
Growth (year on year)
Revenue growth—▲18.7%▲17%▲17.2%
Profit growth—▲5.7%▲17.2%▼47%
Headcount growth—▲6.3%▲16.4%▲2.6%
Balance sheet — indirect signals, not revenue
Cash at bank£5.8m£6.2m£4.9m£5.1m
Net assets£8.7m£10m£11.6m£12.4m
Fixed assets£190k£269k£2.3m£2.3m
Current assets£12.8m£13.7m£13.3m£13.9m
Debtors£2.1m£1.7m£2.6m£3.3m
Cash from operations−£726k−£822k−£1.2m−£2.2m
SourceFullAccounts · bulk data Dec 2023FullAccounts · bulk data Dec 2023FullAccounts · bulk data Dec 2024FullAccounts · bulk data Dec 2025
Derived from the latest filing

How the business works

Profit margin
4.1%
Profit ÷ revenue.
Gross margin
18.8%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£249k
Revenue ÷ average employees.
Profit per employee
£10.2k
Profit ÷ average employees.
Cash conversion
−111.7%
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
11.7%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
16.4%
Money owed by customers. Low = customers pay quickly.
Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets
▲7%
Now £12.4m
Cash at bank
▲3%
Now £5.1m
Headcount
▲3%
Now 80
Deferred income
—
Now —
Fixed assets
▲1%
Now £2.3m
Same industry, similar size

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Sources

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £818k), from the Companies House accounts bulk data published Dec 2025. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.